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If you have bad credit and need cash quickly, payday loans can seem like the best option. But short-term, high-interest loans can trap you in a cycle of debt. Every year, toxic loans made by payday lenders trap millions of consumers but there are other options to consider. On the next MoneyWise Live, hosts Rob West and Steve Moore offer alternatives to payday loans that lead you toward a life without financial stress. It’s all coming up on the next MoneyWise Live at 4pm Eastern/3pm Central on Moody Radio.
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